HFF secures $11.6 million refinancing for The Q in San Diego’s Little Italy neighborhood

Jan 14, 2016 433

Holliday Fenoglio Fowler, L.P. (HFF) announced that it has secured an $11.6 million refinancing for The Q, a seven-story, 36,794-square-foot, mixed-use residential and retail development in downtown San Diego's Little Italy neighborhood.

HFF worked on behalf of the borrower and developer, Jonathan Segal FAIA & Development Company, in arranging the 20-year, fixed rate, non-recourse, 4.61 percent refinancing with five years of interest only payments, followed by a 35-year amortization through one of HFF's correspondent life company lenders, AEGON Realty Advisors, LLC, a commercial real estate investment and management arm of Aegon Asset Management. HFF will service the loan.

Read more

Source: http://www.aboutitaly.org/

You may be interested